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Search Results 0 to 9 of about 10 (some duplicates have been removed)
doubled under president obama but should he take any credit for it. >>> landing in political trouble, legal troubles may be ahead. >>> if you're among the millions who watch the super bowl just for the commercials, we'll point out the controversial ones you won't want to miss. i'm wolf blitzer. you're in the situation room. today wall street reached a milestone we haven't seen in years. for the first time since 2007, the dow jones industrial average climbed above the 14,000 mark. the average has more than doubled since bottoming out at 6547, 6,547 just after president obama took office back in 2009. let's get quickly to alison kosik. she's at the new york stock exchange. it's just above 14,000, alison. >> it is. what's interesting, as we see the dow cross over 14 thourk for the first time in five years, believe it or not, not everybody thinks it's a big deal. some people say it's a nice round number that we like to talk about and others say, yes, it is a milestone after the economy pretty much fell to pieces. now this is a sign that things are finally come canning back. remember this
president obama's about to take the stage to talk about two of the top priorities from his state of the union speech, jobs and guns. we expect him to connect the need for jobs as a way to get young people off the streets and out of trouble. right now you're looking at some video of cleopatra pendleton. she's the mother of the young girl struck down by gunmen in chicago a few weeks ago, right around the time of the inauguration after she performed at president obama's inaugural. she's one of the guests there for president obama's visit. we'll be going there to chicago as soon as mr. obama starts speaking. but first i want to bring in our chris cuomo who was in chicago right now. he's going to tell us a little bit about what we should expect from the president and what he'll be talking about. obviously, chris, gun violence has been a major issue in chicago for many, many months now and the president has been called to this question, why hasn't he dealt with more forcibly in his remarks in a few moments, chris? >> reporter: that's right. it sets off in the '80s where he began his ca
for many, many months that this was going to occur. president obama has submitted proposals on three different occasions. a balanced approach. when the supercommittee was meeting back in the fall of 2011 and his own budget submission and last fall as part of the fiscal debate challenges, he's put office on the table to the congressional republicans who simply refuse to close corporate loopholes and to force the wealthiest americans to pay their fair share. we've had over $2.5 trillion in savings and cuts. we cannot cut our way to prosperity. we need a balanced approach and that's what the president has told the republicans. >> when she says balanced approach, alex, she means more taxes, higher taxes for wealthy americans and for big corporations. what's wrong with that? >> close loopholes. >> what's wrong with that is that washington is telling us that if we cut a single penny, then the national parks are going to close, as if the grand canyon was going to stop being a hole in the ground without federal funding. this is outrageous. the people who are supposed to serve us are telling
of the story coming up later, barbara. thanks very much into here in washington, president obama is doing an end around the national press today. he's taking questions from local tv stations, blaming congress for doing nothing to avoid these forced spending cuts scheduled to take effect in just nine days. so what kind of cuts is the president willing to take? jim acosta confronted the white house press secretary today with that question. jim is joining us now. how did it go? >> reporter: wolf, here we go again. the white house and congress move one day closer to the massive forced spending cuts that go into effect at the end of next week. and even though they both agree it's a problem, they are both busy blaming each other to fix it. the white house sounding the alarm. poor children will be tossed out of classrooms, health services will be slashed, border security will be compromised and the economy will take a hit if forced budgets cuts begin to happen on march 1st and the obama administration says republicans will be to blame. >> the pleas that the republicans are making are throw these
want to be vindictive, that this is now about president obama and that in the end if they continue this, they will look petty, as one source put it. >> and i just want to be precise, dana bash, this vote is still continuing. we don't know if the vote has failed or succeeded or what's going on. but we assume that there aren't -- what you're hearing is that there aren't probably five republicans who will join 55 democrats in breaking this filibuster? >> reporter: that's right. going in, the democrats did not think that they had the 60 votes and we could only potentially find three republicans who were going to agree to stop this filibuster but we probably will see this any minute. the vote is technically over but sometimes they have to wait for senators to come in to cast their votes. one thing i will say, though, is we were talking about the fact that probably hagel will be confirmed after the senators come back from a week-long recess. at this point i'm a little bit gun-shy. i wouldn't even take that to the bank and the reason is because we've seen this before. i had several republican
Search Results 0 to 9 of about 10 (some duplicates have been removed)